Poland has been the biggest buyer among the world’s central banks for the last two years, and a major support for the gold rally that has taken place over that time. Now, facing year four of the intractable conflict between Russia and Ukraine on its Eastern border and a NATO alliance in flux, the Eastern European nation is considering the unthinkable: selling its gold reserve to fund a massive military buildup. Adam Glapinski, Governor of Poland’s central bank, has outlined a proposal to raise as much as $13 billion from the sale of the country’s gold reserves to finance a doubling of its defense budget, according to ... (full story)